Common use of Pool Factors Clause in Contracts

Pool Factors. (a) Xxxxxxx Mac will calculate and make payments to Holders on any Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as it determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 6.05(e), Xxxxxxx Mac may modify the Pool Factor methodology from time to time, without the consent of Holders.

Appears in 3 contracts

Samples: Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement

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Pool Factors. (a) Xxxxxxx Freddie Mac will calculate and make payments to Holders on any Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as it determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 6.05(e), Xxxxxxx Freddie Mac may modify the Pool Factor methodology from time to time, without the consent of Holders.

Appears in 2 contracts

Samples: Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement

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Pool Factors. (a) Xxxxxxx Mac will calculate and make payments to Holders on any Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as it determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 6.05(e), Xxxxxxx Mac may modify the Pool Factor methodology from time to time, without the consent of Holders.

Appears in 1 contract

Samples: Multifamily Mortgage Participation Certificates Agreement

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